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How Remote Global Hiring Can Solve Germany’s Tech Talent Shortage

Globalization Partners

To modernize the country, the government has announced plans to: Digitize health records Digitalize government administration Analyze mobility data to improve the country’s train and car infrastructure Leverage modern technology to fight the climate crisis Naturally, skilled tech workers are required to kick-start these initiatives.

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What Is a Foreign Subsidiary? Pros & Cons for Global Companies

Velocity Global

Global hiring and expansion present exciting business opportunities. Both entity types have different implications for the parent company regarding taxation, governance, and liability. By setting up a foreign subsidiary, you can market solutions to the local population and directly source local talent.

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Global Talent Acquisition: Four Emerging Markets Your Company Should Target

Velocity Global

South Korea is the most automated country on earth, with 631 robots per 10,000 employees— eight times the global average. To manage its extensive robot infrastructure, South Korea’s government invests heavily in its workers’ training programs. Web Developers: Ukraine. Fintech: Lithuania.

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Top ASEAN Countries for Companies Based in the Netherlands

Globalization Partners

Malaysia has created a National Green Technology Plan to encourage the development of cleaner energy sources through government-backed tax incentives. We have an established network of subsidiaries to make hiring your workforce simple, fast, and compliant. Ready to start your expansion into ASEAN countries or elsewhere?

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Global Employee Benefits: How to Attract and Retain Top Talent With the Right Benefits Packages

Velocity Global

After months of sourcing, interviewing, and evaluating an endless parade of job applicants, you’ve finally found the ideal candidate for a hard-to-fill role. As you go back to the drawing board, you can’t help but wonder why your target hire chose another employer. Image sources: ¹ SHRM , ² SHRM , ³ Center for American Progress.

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Benefits and Challenges of Expanding to Australia

Globalization Partners

The IMF predicts that Australian government debt will be only 54 percent of their GDP in 2022. However, an Australian branch of a foreign company will only need to pay taxes on Australian-sourced income. While the government redistributes taxes into the economy, it’s a tricky maze to navigate for businesses new to the country.

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Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Velocity Global

Corporate governance that allowed banking firms to take on too much financial risk. Financial Crisis Inquiry Commission determined multiple causes for the Great Recession, including: A general lack of financial oversight by regulating bodies. An unchecked rise in unstable subprime mortgages.